Defensive Stocks to Consider Amid Jamie Dimon's Concern for a Large Market Correction
Often asked for his economic opinion and outlook, JPMorgan Chase (JPM) CEO Jamie Dimon alluded to concerns of a broader economic slowdown and the possibility of a large stock market correction while speaking with Bloomberg on Thursday.Pointing out that inflation has come in hotter than expected in every month so far this year except for April’s CPI data, Dimon's worries centered around the notion that stocks are high and whenever there is anticipation of a soft-landing things can go wrong.Dimon compared su ...